What is not covered by the home insurance policy?

While a home insurance policy covers many aspects of your home and property, it doesn’t cover everything. You are required to cover additional coverage to protect yourself from what is not covered by your home insurance policy. Before signing for a policy, speak to Bye Financial Group LLC insurance agents in Grand Ledge, MI and confirm what is included and not included in your home insurance policy.

What is covered by a home insurance policy?

A home insurance policy is a necessity and covers the following aspects of your home

Damage to the exterior and interior of your home

In case the exterior of your home is damaged by hurricanes, lightning or is vandalized, Bye Financial Group LLC will compensate for your house repairs or have it completely rebuilt. The insurance company will replace your home’s clothing, furniture, and electrical appliances if an insured disaster destroys them.

  • Personal liability

This covers lawsuits filed by others, including your pets.

  • House rental while your home is being repaired.

A home insurance policy will cover the additional living expenses if you are forced out of your home when it is being repaired or rebuilt.

What is not covered by the home insurance policy?

Here is what will not be covered by your home insurance policy.

Earthquakes and water damage

The standard policy does not cover damage due to earthquakes, sinkholes or other earth movements. Other forms of water damage include sewer system flooding or overflow from your sump pump.

Maintenance issues

Issues resulting from neglect and failure to properly take care of your home are not covered by the insurance policy. Damages resulting from bird and rodent damage, termites and insect damage, rust, mold, and general wear and tear are not covered by the home insurance policy.

Other exclusions

The insurance company will not cover damages caused by nuclear hazards or wars in Grand Ledge, MI. Other exclusions include damages resulting from identity theft.

If you have more questions about what will not be covered by your insurance policy, please speak to Bye Financial Group LLC insurance agents in Grand Ledge, MI, who are more than ready to assist you. You can also get more information from our website.